Specialist, AML Compliance

Role Responsibilities 

·          Follow prescriptive guidelines and company procedures regarding enhanced customer due diligence investigations. 

·          Perform in-depth analysis of customer activities that undergo enhanced due diligence. 

·          Investigate and research the alerted activity using Western Union systems, public and non-public available databases and records and form further actions for the customer, which can include approval, interdiction, request for an interview, request for additional information and/or documents, if necessary. 

·          Formulate reasonable explanation for the flagged activities, considering pertinent factors such as customer economic profile, relationship with associated counterparties and purpose for money transfers. 

·          Make independent case decisions based on company policies and procedures. Clearly document findings and the rationale behind decisions made on each case. Escalate specific cases to Western Union stakeholders or other investigative groups as applicable. 

·          Actively contribute to the team's knowledge base by sharing insights and experiences. 

·          Support the AML Compliance team to ensure adherence to compliance requirements by identifying typologies and possible suspicious activities.

·          Perform call attempts to customer when additional information / documents are needed

·          Receive calls from customers when they are needed.

Role Requirements 

·        Bachelor's degree or equivalent job experience in the financial services industry is preferred.  

·      1 year of experience in the following: Strong knowledge is required in AML typologies and compliance such as Fraud and financial risk investigation and monitoring, know your customer strategies, investigation and monitoring of possible suspicious activities in transactional patterns

·        Demonstrated strong analytical, investigative, and problem-solving skills and high attention to detail. 

·        Ability to identify compliance risks and escalate when appropriate. 

·        Working knowledge of MS Office, especially strong MS Excel skills. 

·        Experience making independent work-related decisions following company policies and procedures. 

·        Strong Knowledge of AML compliance - risks, typologies, and red flags. 

·        Team player with strong collaborative skills.  

·        Ability to interview customers when necessary. 

·        Ability to work with a high level of autonomy. 

·        Experience in conducting public database research. 

·        Strong written and verbal communication skills.  

Estimated Job Posting End Date:

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.